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  "documentTitle": "Cipher Mining | SPAC Presentation Deck | 55 slides",
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  "authorName": "Cipher Mining",
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  "presentationDate": "2021-03-01 00:00:00",
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      "text": "Note: Projections based upon BTC increases from $25k to $50k from 2021E to 2025E; assumes 455 EH/s network hashrate by Dec 2025E; assumes 2.38 BTC transaction fees per block by Dec 2025E; assumes 745MW deployed by Dec 2025E (1) Subject to LOI (2) Cipher will be a separate company, Bitfury results may not be indicative of Cipher results",
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      "text": "1. Creation of U.S. Bitcoin Mining Champion\n2. Strong Position on Global Cost Curve\n3. Technology Leadership Delivers Best-in-Class Performance\n4. Unique Expertise and Capabilities\n5. Key Management's Track Record of Complex and Large-Scale Data Center Development\n6. Strategic Adjacencies Present Compelling Long-Term Opportunities",
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      "text": "745 MW Planned mining Capacity",
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      "text": "7 ASIC Generations",
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      "text": "2.7 c/kWh Cost of Energy",
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      "text": "500+ MW Bitfury Bitcoin mining delivered to date",
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      "text": "Investment Highlights for Cipher Mining",
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